270117
EMS
GRADE
9
CAPS
Economic & Management Sciences
Jason Collins
with valuable contributions by Elmaree Eksteen
3 in 1
TEMPLATES
for
FINANCIAL LITERACY
MODULE 1
NAME
2016 publication
These TEMPLATES may be PHOTOCOPIED for use with
THE ANSWER SERIES Grade 9 EMS 3 in 1 STUDY GUIDE ONLY.
Published by
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T
1
TOPIC 1:
CASH RECEIPTS JOURNAL &
CASH PAYMENTS JOURNAL – SOLE TRADER
Activity 3 .......................................................................................................................... 20
Activity 4 .......................................................................................................................... 20
Activity 3 ............................................................................................................................. 2
Activity 5 .......................................................................................................................... 21
Activity 4 ............................................................................................................................. 3
Activity 6 .......................................................................................................................... 22
Activity 5 ............................................................................................................................. 5
TOPIC 2:
Activity 7 .......................................................................................................................... 23
POSTING CASH JOURNALS TO THE GENERAL LEDGER &
PREPARING A TRIAL BALANCE
TOPIC 5:
CREDIT PURCHASES & THE CREDITORS JOURNAL
Activity 1 .......................................................................................................................... 24
Activity 2 ............................................................................................................................. 6
Activity 2 .......................................................................................................................... 24
Activity 4 ............................................................................................................................. 6
Activity 3 .......................................................................................................................... 25
Activity 5 ............................................................................................................................. 7
Activity 4 .......................................................................................................................... 26
Activity 6 ............................................................................................................................. 8
Activity 5 .......................................................................................................................... 27
Activity 7 ............................................................................................................................. 9
Activity 6 .......................................................................................................................... 27
Activity 8 ............................................................................................................................. 9
Activity 9 ............................................................................................................................. 9
TOPIC 6:
Activity 10 ......................................................................................................................... 10
Activity 11 ......................................................................................................................... 11
POSTING TO THE CREDITORS LEDGER (CL) &
GENERAL LEDGER (GL)
Activity 12 ......................................................................................................................... 12
Activity 1 .......................................................................................................................... 29
Activity 13 ......................................................................................................................... 14
Activity 2 .......................................................................................................................... 30
Activity 3 .......................................................................................................................... 30
TOPIC 3:
CREDIT SALES & WORKING WITH DEBTORS
TOPIC 7:
Activity 1 ........................................................................................................................... 15
Activity 2 ........................................................................................................................... 15
Activity 3 ........................................................................................................................... 15
Activity 1 .......................................................................................................................... 31
Activity 4 ........................................................................................................................... 16
Activity 2 .......................................................................................................................... 33
Activity 5 ........................................................................................................................... 17
CONTENTS
RECORDING CASH & CREDIT TRANSACTIONS IN
CASH & CREDIT JOURNALS
Activity 3 .......................................................................................................................... 34
Activity 4 .......................................................................................................................... 36
TOPIC 4:
Activity 5 .......................................................................................................................... 38
POSTING TO THE DEBTORS LEDGER & GENERAL LEDGER
Activity 6 .......................................................................................................................... 39
Activity 1 ........................................................................................................................... 19
Activity 2 ........................................................................................................................... 19
Copyright © The Answer
Activity 7 .......................................................................................................................... 39
1
TOPIC 1: CASH RECEIPTS JOURNAL & CASH PAYMENTS JOURNAL – SOLE TRADER
T
1
CASH RECEIPTS JOURNAL &
CASH PAYMENTS JOURNAL – SOLE TRADER
ACTIVITY
10
CASH RECEIPTS JOURNAL OF MUSTER TRADERS FOR JUNE 2015
DOC
DAY
Copyright © The Answer
DETAILS
ANALYSIS
OF
RECEIPTS
BANK
SALES
2
COST OF
SALES
CRJ 1
SUNDRY ACCOUNTS
AMOUNT
DETAILS
TOPIC 1: CASH RECEIPTS JOURNAL & CASH PAYMENTS JOURNAL – SOLE TRADER
T
1
CASH PAYMENTS JOURNAL OF MUSTER TRADERS FOR JUNE 2015
DOC
DAY
ACTIVITY
PAYEE
TRADING
STOCK
BANK
CPJ 1
SUNDRY ACCOUNTS
WAGES
AMOUNT
DETAILS
11
CASH RECEIPTS JOURNAL OF JP MOKGETHI COFFEE TRADERS FOR JULY 2015
DOC
DAY
Copyright © The Answer
DETAILS
ANALYSIS
OF RECEIPTS
BANK
SALES
3
COST OF
SALES
CRJ 2
SUNDRY ACCOUNTS
AMOUNT
DETAILS
CASH PAYMENTS JOURNAL OF JP MOKGETHI COFFEE TRADERS FOR JULY 2015
DOC
DAY
TOPIC 1: CASH RECEIPTS JOURNAL & CASH PAYMENTS JOURNAL – SOLE TRADER
T
1
Copyright © The Answer
PAYEE
BANK
TRADING
STOCK
4
CPJ 2
SUNDRY ACCOUNTS
WAGES
AMOUNT
DETAILS
T
1
ACTIVITY
14
ASSETS
TOPIC 1: CASH RECEIPTS JOURNAL & CASH PAYMENTS JOURNAL – SOLE TRADER
ASSETS
EFFECT
OWNER'S EQUITY
LIABILITIES
6
No.
EFFECT
REASON
EFFECT
REASON
EFFECT
REASON
7
1
2
8
3
9
4
10
5
Copyright © The Answer
OWNER'S EQUITY
LIABILITIES
No.
5
REASON
EFFECT
REASON
EFFECT
REASON
TOPIC 2: POSTING CASH JOURNALS TO THE GL & PREPARING A TRIAL BALANCE
T
1
Dr
POSTING CASH JOURNALS TO THE GENERAL
LEDGER & PREPARING A TRIAL BALANCE
ACTIVITY
Cost of Sales
Date
Details
Fol
Dr
19
Amount
Date
Details
Rent Income
Date
Details
Fol
Amount
Date
Cr
N2
Fol
Amount
Cr
N3
Details
Fol
Amount
GENERAL LEDGER OF CROXLEY TRADERS
BALANCE SHEET SECTION
Dr
Dr
Capital
Commission Income
Date
Date
Details
Fol
Dr
Amount
Date
Details
Trading Stock
Date
Details
Fol
Amount
Date
Fol
Fol
Details
Bank
Date
Details
Fol
Amount
Details
Fol
Date
Details
Fol
Amount
Amount
23
GENERAL LEDGER OF CROXLEY TRADERS
Cr
B3
Date
Amount
Cr
ACTIVITY
Dr
Fol
Amount
B2
Details
Cr
N4
Cr
B1
Amount
BALANCE SHEET SECTION
Dr
Land and Buildings
Date
Details
Fol
Amount
Date
Cr
B3
Details
Fol
Amount
NOMINAL SECTION
Dr
Sales
Date
Details
Copyright © The Answer
Fol
Amount
Cr
N1
Date
Details
Fol
Dr
Amount
Equipment
Date
6
Details
Fol
Amount
Date
Cr
B4
Details
Fol
Amount
TOPIC 2: POSTING CASH JOURNALS TO THE GL & PREPARING A TRIAL BALANCE
T
1
Dr
Trading Stock
Date
Details
Fol
Amount
Date
Cr
B2
Details
Fol
ACTIVITY
Amount
26
GENERAL LEDGER OF DUTCH TRADERS
Dr
Bank
Date
Details
Fol
Amount
Date
Details
Fol
BALANCE SHEET SECTION
Cr
B3
Dr
Amount
Capital
Date
Details
Fol
Dr
NOMINAL SECTION
Dr
Date
Details
Fol
Amount
Date
Fol
Details
Fol
Date
Details
Fol
Amount
Date
Fol
Amount
Advertising
Date
Details
Fol
Amount
Date
Fol
Fol
Details
Fol
Amount
Date
Details
Fol
Amount
Date
Fol
Date
Details
Fol
Amount
Amount
Cr
B4
Date
Details
Sales
Details
Fol
Fol
Amount
Amount
Cr
N1
Date
Details
Fol
Amount
Amount
Dr
Cost of Sales
Date
Copyright © The Answer
Amount
Cr
Cr
N7
Details
Amount
NOMINAL SECTION
Date
Water and Electricity
Fol
B3
Bank
Dr
Dr
Details
Cr
N6
Details
Details
Dr
Date
Dr
Cr
Cr
N5
Details
Date
Amount
B2
Trading Stock
Date
Stationery
Amount
Fol
Amount
Dr
Dr
Details
Cr
N4
Details
Date
Land and Buildings
Date
Wages
Amount
Cr
B1
7
Details
Fol
Amount
Date
Cr
N2
Details
Fol
Amount
T
1
Dr
Wages
Date
Details
Fol
Date
Details
Fol
ACTIVITY
Amount
27
GENERAL LEDGER OF BB STORES
Dr
TOPIC 2: POSTING CASH JOURNALS TO THE GL & PREPARING A TRIAL BALANCE
Amount
Cr
N3
Stationery
Date
Details
Fol
Amount
Date
Cr
N4
Details
Fol
BALANCE SHEET SECTION
Amount
Dr
Trading Stock
Date
Dr
Advertising
Date
Details
Fol
Amount
Date
Fol
Dr
Amount
Water and Electricity
Date
Details
Fol
Amount
Date
Fol
Details
Fol
Amount
Date
Details
Fol
Amount
Date
Fol
Details
Fol
Date
Details
Fol
Amount
Date
Fol
Interest Received
Date
Details
Copyright © The Answer
Fol
Amount
Date
Cr
N9
Details
Fol
Details
Fol
Dr
Amount
Fol
Amount
Amount
Cr
N1
Date
Details
Fol
Amount
Amount
Date
Cr
N2
Details
Rent Income
Date
Dr
Details
Fol
Amount
Cr
N8
Details
Date
Cost of Sales
Date
Rent Income
Amount
Cr
Amount
Dr
Dr
Amount
Cr
N7
Details
Fol
B4
Sales
Date
Telephone
Details
NOMINAL SECTION
Dr
Dr
Date
Cr
N6
Details
Amount
Bank
Date
Dr
Fol
Cr
N5
Details
Details
Cr
B3
Details
Fol
Dr
Amount
Date
Details
Packing material
Date
8
Amount
Details
Fol
Amount
Date
Cr
N3
Fol
Amount
Cr
N4
Details
Fol
Amount
T
1
ACTIVITY
Dr
Trading Stock
Date
2015
TOPIC 2: POSTING CASH JOURNALS TO THE GL & PREPARING A TRIAL BALANCE
ACTIVITY
27
Nov
Details
30
Bank
Fol
Amount
CPJ
16 800
Nov
Cr
B2
Date
Details
30
Cost of Sales
30
Fol
Amount
CRJ
9 865
GENERAL LEDGER OF GREEN TRADERS
BALANCE SHEET SECTION
Dr
Vehicles
Date
Dr
Bank
Date
2015
Nov
30
Details
Fol
Amount
Total Receipts
CRJ
44 689
Nov
30
Fol
Details
Fol
Amount
Total Payments
CPJ
36 894
Dr
ACTIVITY
30
Trading Stock
Date
Feb
Details
Fol
Amount
1
Balance
b/d
3 000
28
Bank
CPJ
8 540
Feb
Details
28
Cost of Sales
Details
Fol
Fol
Amount
CRJ
11 200
Dr
Dr
Bank
Date
Feb
28
Details
Fol
Total Receipts
CRJ
Copyright © The Answer
Amount
17 444 Feb
Details
Fol
Amount
Amount
Date
Cr
B6
Details
Fol
Amount
1
Balance
b/d
6 890
28
Total Payments
CPJ
12 456
Bank
Date
Cr
B3
Date
Details
Fol
Amount
Cr
B2
Date
Date
Trading Stock
Date
Dr
Amount
Cr
B3
Date
Details
Cr
B4
9
Details
Fol
Amount
Cr
B7
Date
Details
Fol
Amount
T
1
NOMINAL SECTION
Dr
Sales
Date
Details
Fol
Amount
Date
Details
Fol
ACTIVITY
Cr
N1
33
Amount
TOPIC 2: POSTING CASH JOURNALS TO THE GL & PREPARING A TRIAL BALANCE
Dr
Trading Stock
Date
Details
Fol
Amount
Date
2015
June
2015
June
Dr
Cost of Sales
Date
Details
Fol
Amount
Date
Fol
Bank
CPJ
Details
Fol
Amount
Date
2015
Details
Copyright © The Answer
Fol
Amount
Date
Fol
2015
Cr
N3
Details
Amount
CRJ
5 600
B5
Cr
12 540
June
Date
Cost of Sales
Bank
Date
Stationery
30
Fol
Amount
Dr
Dr
Details
Cr
Cr
N2
Details
30
B4
June
Amount
10
30
Total Receipts
CRJ
33 550
30
Details
Fol
Amount
Total Payments
CPJ
18 250
TOPIC 2: POSTING CASH JOURNALS TO THE GL & PREPARING A TRIAL BALANCE
T
1
NOMINAL SECTION
ACTIVITY
33
Dr
Sales
Date
Details
Fol
Amount
Cr
N1
Date
Details
Fol
Amount
GENERAL LEDGER OF FSC RETAILERS
BALANCE SHEET SECTION
Dr
Capital
Date
Details
Fol
Amount
Date
Cr
B1
Details
Fol
Amount
Dr
Cost of Sales
Date
Dr
Land and Buildings
Date
Details
Fol
Dr
Amount
Date
Equipment
Date
Details
Fol
Dr
Amount
Date
Details
Details
Fol
Amount
Date
Fol
B5
Details
Fol
Cr
Dr
Amount
Date
Date
Details
Fol
Amount
B6
Date
Details
Fol
Details
Fol
Fol
Amount
Amount
Date
Cr
N3
Details
Fol
Amount
Amount
Stationery
Details
Fol
Amount
Date
Cr
N4
Details
Fol
Amount
Cr
Amount
Dr
Wages
Date
Copyright © The Answer
Details
Cr
Date
Bank
Date
Advertising
Dr
Dr
Amount
Amount
B4
Trading Stock
Date
Fol
Fol
Cr
B3
Details
Details
Cr
N2
11
Details
Fol
Amount
Date
Cr
N5
Details
Fol
Amount
TOPIC 2: POSTING CASH JOURNALS TO THE GL & PREPARING A TRIAL BALANCE
T
1
Dr
Rates and Taxes
Date
Details
Fol
Amount
Date
Cr
N6
Details
Fol
ACTIVITY
Amount
38
GENERAL LEDGER OF SIHLE STORES
BALANCE SHEET SECTION
Dr
Dr
Packing Material
Date
Details
Fol
Amount
Date
Cr
N7
Details
Fol
Capital
Date
Details
Fol
Date
Details
Fol
Amount
Date
Fol
Details
Fol
Dr
Cr
N8
Details
Date
Amount
Date
Details
Fol
Amount
Date
Fol
Details
Fol
Details
Fol
Date
Amount
Date
Amount
Date
Cr
Details
Fol
Amount
Cr
B3
Details
Fol
Amount
Cr
B4
Details
Fol
Amount
Amount
Dr
Trading Stock
Date
Copyright © The Answer
Amount
Cr
N9
Details
Amount
Equipment
Date
Current Income
Fol
B2
Vehicles
Dr
Dr
Details
Land and Buildings
Date
Rent Income
Date
Amount
Dr
Dr
Amount
Cr
B1
12
Details
Fol
Amount
Date
Cr
B5
Details
Fol
Amount
TOPIC 2: POSTING CASH JOURNALS TO THE GL & PREPARING A TRIAL BALANCE
T
1
Dr
Bank
Date
Details
Fol
Amount
Cr
B6
Date
Details
Fol
Dr
Stationery
Date
Amount
Details
Fol
Dr
Amount
Date
Details
Wages
Date
Details
Fol
Amount
Date
Cr
N5
Fol
Amount
Cr
N6
Details
Fol
Amount
NOMINAL SECTION
Dr
Sales
Date
Details
Fol
Amount
Cr
N1
Date
Details
Fol
Amount
Dr
Water and Electricity
Date
Dr
Cost of Sales
Date
Details
Fol
Amount
Date
Fol
Fol
Date
Details
Fol
Amount
Date
Fol
Details
Fol
Telephone
Date
Details
Copyright © The Answer
Fol
Amount
Date
Fol
Amount
Date
Cr
N8
Details
Rent Income
Date
Cr
N4
Details
Amount
Fol
Amount
Amount
Dr
Dr
Fol
Cr
N3
Details
Details
Packing Material
Date
Advertising
Date
Amount
Dr
Dr
Amount
Cr
N2
Details
Details
Cr
N7
Amount
13
Details
Fol
Amount
Date
Cr
N9
Details
Fol
Amount
TOPIC 2: POSTING CASH JOURNALS TO THE GL & PREPARING A TRIAL BALANCE
T
1
TRIAL BALANCE OF SIHLE STORES
ON 28 FEBRUARY 2015
BALANCE SHEET SECTION
FOL
DEBIT
ACTIVITY
38
CREDIT
TRIAL BALANCE OF MAVUSO TRADERS
ON 28 FEBRUARY 2015
BALANCE SHEET SECTION
NOMINAL SECTION
NOMINAL SECTION
Copyright © The Answer
14
FOL
DEBIT
CREDIT
T
1
CREDIT SALES &
WORKING WITH DEBTORS
ACTIVITY
46
DEBTORS JOURNAL OF VUSI VENDORS FOR MARCH 2015
ACTIVITY
DOC DAY
44
DEBTORS
FOL
SALES
COST OF
SALES
DEBTORS JOURNAL OF MERLIN STORES FOR AUGUST 2015
TOPIC 3: CREDIT SALES & WORKING WITH DEBTORS
DOC DAY
DEBTORS
FOL
SALES
COST OF
SALES
DEBTORS ALLOWANCES JOURNAL OF VUSI VENDORS
FOR MARCH 2015
DOC DAY
ACTIVITY
46
DEBTORS ALLOWANCES JOURNAL OF SPIERMAN STORES
FOR DECEMBER 2015
DOC DAY
Copyright © The Answer
DEBTORS
FOL
DEBTORS
ALLOWANCES
COST OF
SALES
15
DEBTORS
FOL
DEBTORS
COST OF SALES
ALLOWANCES
T
1
1
ACTIVITY
DEBTORS JOURNAL OF GENIUS TRADERS FOR SEPTEMBER 2015
DOC DAY
TOPIC 3: CREDIT SALES & WORKING WITH DEBTORS
49
DEBTORS
FOL
SALES
COST OF SALES
CASH RECEIPTS JOURNAL OF GENIUS TRADERS FOR SEPTEMBER 2015
DOC
DAY
Copyright © The Answer
DETAILS
FOL
ANALYSIS
OF RECEIPTS
BANK
SALES
16
COST OF
SALES
DEBTORS
CONTROL
SUNDRY ACCOUNTS
AMOUNT
FOL
DETAILS
T
1
ACTIVITY
CASH PAYMENTS JOURNAL OF STRUMMER STORES FOR APRIL 2015
DOC
TOPIC 3: CREDIT SALES & WORKING WITH DEBTORS
49
DAY
PAYEE
BANK
TRADING
STOCK
SUNDRY ACCOUNTS
STATIONERY
AMOUNT
FOL
DETAILS
CASH RECEIPTS JOURNAL OF STRUMMER STORES FOR APRIL 2015
DOC
DAY
Copyright © The Answer
DETAILS
FOL
ANALYSIS
OF
RECEIPTS
BANK
SALES
17
COST OF
SALES
DEBTORS
CONTROL
SUNDRY ACCOUNTS
AMOUNT
FOL
DETAILS
T
1
1
DEBTORS JOURNAL OF STRUMMER STORES FOR APRIL 2015
DOC DAY
DEBTORS
FOL
SALES
NOTES
COST OF
SALES
TOPIC 3: CREDIT SALES & WORKING WITH DEBTORS
DEBTORS ALLOWANCES JOURNAL OF STRUMMER STORES FOR
APRIL 2015
DOC DAY
Copyright © The Answer
DEBTORS
FOL
DEBTORS
ALLOWANCES
COST OF
SALES
18
T
1
POSTING TO THE DEBTORS LEDGER &
GENERAL LEDGER
ACTIVITY
55
DEBTORS LEDGER OF OF FLEA STORES
ACTIVITY
A. Keidis
54
DATE
DEBTORS LEDGER OF NDEBELE TRADERS
TOPIC 4: POSTING TO THE DEBTORS LEDGER & GENERAL LEDGER
K. Khoza
DATE
DETAILS/DOCUMENTS
Copyright © The Answer
D1
FOL
DEBIT
CREDIT
BALANCE
19
DETAILS/DOCUMENTS
D1
FOL
DEBIT
CREDIT
BALANCE
T
1
1
ACTIVITY
Dr
Cost of Sales
N2
Cr
Dr
Debtors Allowances
N3
Cr
Dr
Trading Stock
B9
Cr
Dr
Debtors Control
B10
Cr
60
GENERAL LEDGER OF CAROLUS TRADERS
TOPIC 4: POSTING TO THE DEBTORS LEDGER & GENERAL LEDGER
BALANCE SHEET SECTION
Dr
Trading Stock
B9
Cr
Dr
Debtors Control
B10
Cr
ACTIVITY
Dr
Bank
B11
Cr
NOMINAL SECTION
Dr
Copyright © The Answer
Sales
N1
61
Cr
20
T
1
NOMINAL SECTION
ACTIVITY
62
Dr
Sales
Date
Details
Fol
Amount
Cr
N1
Date
Details
Fol
Amount
GENERAL LEDGER OF KARABO TRADERS
BALANCE SHEET SECTION
Dr
Trading Stock
Date
Details
Fol
Amount
Date
Cr
B9
Details
Fol
Amount
TOPIC 4: POSTING TO THE DEBTORS LEDGER & GENERAL LEDGER
Dr
Cost of Sales
Date
Dr
Debtors Control
Date
Details
Fol
Amount
Date
Fol
Fol
Date
Details
Copyright © The Answer
Fol
Amount
Cr
B11
Date
Details
Fol
Details
Debtors Allowances
Date
Bank
Date
Fol
Amount
Amount
Dr
Dr
Amount
Cr
B10
Details
Details
Cr
N2
Amount
21
Details
Fol
Amount
Date
Cr
N3
Details
Fol
Amount
T
1
1
DEBTORS LEDGER OF KARABO TRADERS
N. Goniwe
DATE
DETAILS/DOCUMENTS
FOL
ACTIVITY
D1
DEBIT
CREDIT
66
BALANCE
ASSETS
OWNER'S EQUITY
LIABILITIES
No.
EFFECT
TOPIC 4: POSTING TO THE DEBTORS LEDGER & GENERAL LEDGER
1.
S. Dunga
DATE
DETAILS/DOCUMENTS
FOL
D2
DEBIT
CREDIT
2.
BALANCE
3.
M. Nyameko
DATE
DETAILS/DOCUMENTS
Copyright © The Answer
FOL
D3
DEBIT
CREDIT
BALANCE
22
REASON
EFFECT
REASON
EFFECT
REASON
T
1
ASSETS
ACTIVITY
66
EFFECT
OWNER'S EQUITY
LIABILITIES
No.
TOPIC 4: POSTING TO THE DEBTORS LEDGER & GENERAL LEDGER
e.g.
EFFECT
REASON
EFFECT
REASON
+ R2 700
Bank
increases
+ R2 700
Rent
Income
increases
EFFECT
REASON
7.
1.
2.
8.
9.
3.
10.
4.
5.
Copyright © The Answer
LIABILITIES
No.
6.
ASSETS
OWNER'S EQUITY
23
REASON
EFFECT
REASON
EFFECT
REASON
T
1
CREDIT PURCHASES &
THE CREDITORS JOURNAL
ACTIVITY
TOPIC 5: CREDIT PURCHASES & THE CREDITORS JOURNAL
DOC
DAY
ACTIVITY
DOC
69
DAY
Copyright © The Answer
CREDITORS JOURNAL OF MANGO TRADERS FOR SEPTEMBER 2015
CREDITORS
69
FOL
CREDITORS
CONTROL
TRADING
STOCK
CJ 1
SUNDRY ACCOUNTS
STATIONERY
AMOUNT
FOL
DETAILS
CREDITORS JOURNAL OF KLAASEN STORES FOR MAY 2015
CREDITORS
FOL
CREDITORS
CONTROL
TRADING
STOCK
24
PACKING
MATERIAL
CJ 3
SUNDRY ACCOUNTS
AMOUNT
FOL
DETAILS
TOPIC 5: CREDIT PURCHASES & THE CREDITORS JOURNAL
T
1
CASH PAYMENTS JOURNAL OF KLAASEN STORES FOR MAY 2015
DOC
DAY
ACTIVITY
PAYEE
FOL
BANK
WAGES
TRADING
STOCK
CPJ 3
SUNDRY ACCOUNTS
AMOUNT
FOL
DETAILS
71
CREDITORS ALLOWANCES JOURNAL OF WAAIHOEK TRADERS FOR AUGUST 2015
DOC
DAY
Copyright © The Answer
CREDITORS
FOL
CREDITORS
CONTROL
TRADING
STOCK
25
CAJ 3
SUNDRY ACCOUNTS
STATIONERY
AMOUNT
FOL
DETAILS
T
1
ACTIVITY
71
CREDITORS JOURNAL OF ISSA STORES FOR FEBRUARY 2015
CJ 1
SUNDRY ACCOUNTS
TOPIC 5: CREDIT PURCHASES & THE CREDITORS JOURNAL
DOC
DAY
CREDITORS
FOL
CREDITORS
CONTROL
TRADING
STOCK
STATIONERY
AMOUNT
FOL
DETAILS
CREDITORS ALLOWANCES JOURNAL OF ISSA STORES FOR FEBRUARY 2015
CAJ 1
SUNDRY ACCOUNTS
DOC
DAY
Copyright © The Answer
CREDITORS
FOL
CREDITORS
CONTROL
TRADING
STOCK
26
STATIONERY
AMOUNT
FOL
DETAILS
T
1
ACTIVITY
CASH PAYMENTS JOURNAL OF RHOMBUS RETAILERS FOR NOVEMBER 2015
DOC
TOPIC 5: CREDIT PURCHASES & THE CREDITORS JOURNAL
73
DAY
ACTIVITY
DOC
DAY
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PAYEE
74
FOL
BANK
TRADING
STOCK
CREDITORS
CONTROL
CPJ 5
SUNDRY ACCOUNTS
AMOUNT
FOL
DETAILS
CASH PAYMENTS JOURNAL OF SODAKA STORES FOR JANUARY 2015
PAYEE
FOL
BANK
TRADING
STOCK
27
CREDITORS
CONTROL
CPJ 4
SUNDRY ACCOUNTS
AMOUNT
FOL
DETAILS
TOPIC 5: CREDIT PURCHASES & THE CREDITORS JOURNAL
T
1
CREDITORS JOURNAL OF SODAKA STORES FOR JANUARY 2015
DOC
DAY
CREDITORS
FOL
CREDITORS
CONTROL
TRADING
STOCK
CJ 4
SUNDRY ACCOUNTS
EQUIPMENT
AMOUNT
FOL
DETAILS
CREDITORS ALLOWANCES JOURNAL OF SODAKA STORES FOR JANUARY 2015
DOC
DAY
Copyright © The Answer
CREDITORS
FOL
CREDITORS
CONTROL
TRADING
STOCK
28
CAJ 4
SUNDRY ACCOUNTS
EQUIPMENT
AMOUNT
FOL
DETAILS
T
1
Sarkin CC
POSTING TO THE CREDITORS LEDGER &
GENERAL LEDGER
ACTIVITY
DATE
DETAILS/DOCUMENTS
FOL
C3
DEBIT
CREDIT
BALANCE
84
TOPIC 6: POSTING TO THE CREDITORS LEDGER & GENERAL LEDGER
CREDITORS LEDGER OF STEIN STORES
Osrin Traders
DATE
DETAILS/DOCUMENTS
FOL
Sachs Suppliers
C1
DEBIT
CREDIT
DATE
BALANCE
DETAILS/DOCUMENTS
CREDITORS LIST OF STEIN STORES
Cohen CC
DATE
DETAILS/DOCUMENTS
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FOL
C2
DEBIT
CREDIT
Osrin Traders
C1
Cohen CC
C2
Sarkin CC
C3
Sachs Suppliers
C4
BALANCE
29
FOL
C4
DEBIT
CREDIT
BALANCE
T
1
1
ACTIVITY
ACTIVITY
85
EXTRACT FROM THE GENERAL LEDGER OF STEIN STORES
ASSETS
Trading Stock
B6
Cr
TOPIC 6: POSTING TO THE CREDITORS LEDGER & GENERAL LEDGER
e.g.
Dr
Bank
B7
Cr
1.
2.
Dr
Creditors Control
B8
Cr
3.
4.
5.
NOMINAL SECTION
Dr
Stationery
N5
Cr
6.
7.
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OWNER'S EQUITY
LIABILITIES
No.
BALANCE SHEET SECTION
Dr
87
30
EFFECT
REASON
EFFECT
REASON
– R150
Bank
Account
decreases
– R150
Stationery
(expenses)
increases
EFFECT
REASON
T
1
RECORDING CASH & CREDIT TRANSACTIONS
IN CASH & CREDIT JOURNALS
TOPIC 7: RECORDING CASH & CREDIT TRANSACTIONS IN CASH & CREDIT JOURNALS
ACTIVITY
89
CASH RECEIPTS JOURNAL OF BOWLER TRADERS FOR DECEMBER 2015
DOC
DAY
DETAILS
FOL
ANALYSIS
OF
RECEIPTS
BANK
SALES
COST OF
SALES
DEBTORS
CONTROL
CRJ 2
SUNDRY ACCOUNTS
AMOUNT
FOL
DETAILS
CASH PAYMENTS JOURNAL OF BOWLER TRADERS FOR DECEMBER 2015
DOC
DAY
Copyright © The Answer
PAYEE
FOL
BANK
TRADING
STOCK
31
WAGES
CREDITORS
CONTROL
CPJ 2
SUNDRY ACCOUNTS
AMOUNT
FOL
DETAILS
TOPIC 7: RECORDING CASH & CREDIT TRANSACTIONS IN CASH & CREDIT JOURNALS
T
1
DEBTORS JOURNAL OF BOWLER TRADERS FOR
DECEMBER 2015
DOC
DAY
DEBTORS
FOL
SALES
DEBTORS ALLOWANCES JOURNAL OF BOWLER TRADERS FOR
DECEMBER 2015
DAJ 2
DJ 2
COST OF
SALES
DOC
DAY
DEBTORS
FOL
DEBTORS
ALLOWANCES
CREDITORS JOURNAL OF BOWLER TRADERS FOR DECEMBER 2015
DOC
DAY
CREDITORS
FOL
CREDITORS
CONTROL
TRADING
STOCK
CJ 2
SUNDRY ACCOUNTS
STATIONERY
AMOUNT
FOL
DETAILS
CREDITORS ALLOWANCES JOURNAL OF BOWLER TRADERS FOR DECEMBER 2015
DOC
DAY
Copyright © The Answer
CREDITORS
FOL
CREDITORS
CONTROL
TRADING
STOCK
32
COST OF
SALES
CAJ 2
SUNDRY ACCOUNTS
STATIONERY
AMOUNT
FOL
DETAILS
TOPIC 7: RECORDING CASH & CREDIT TRANSACTIONS IN CASH & CREDIT JOURNALS
T
1
Dr
ACTIVITY
Creditors Control
B9
Cr
90
GENERAL LEDGER OF BOWLER TRADERS
BALANCE SHEET SECTION
Dr
Equipment
B5
Cr
NOMINAL SECTION
Dr
Dr
Dr
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Trading Stock
Bank
Debtors Control
B6
B7
B8
Cr
Dr
Sales
N1
Cr
Dr
Cost of Sales
N2
Cr
Dr
Debtors Allowances
N3
Cr
Dr
Stationery
N9
Cr
Cr
Cr
33
T
1
ACTIVITY
Dr
Bank
B8
Cr
Dr
Creditors Control
B9
Cr
91
TOPIC 7: RECORDING CASH & CREDIT TRANSACTIONS IN CASH & CREDIT JOURNALS
GENERAL LEDGER OF BABALWA'S BOUTIQUE
BALANCE SHEET SECTION
Dr
Capital
B1
Cr
Dr
Land and Buildings
B3
Cr
Dr
Trading Stock
B6
Cr
Dr
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Debtors Control
B7
NOMINAL SECTION
Cr
34
Dr
Sales
N1
Cr
Dr
Cost of Sales
N2
Cr
TOPIC 7: RECORDING CASH & CREDIT TRANSACTIONS IN CASH & CREDIT JOURNALS
T
1
Dr
Debtors Allowances
N3
Cr
Dr
Packing Material
N4
Cr
Dr
Wages
N6
Cr
Dr
Advertising
N7
Cr
Dr
Rent Income
N8
Cr
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35
Dr
Stationery
N9
Cr
Dr
Water and Electricity
N10
Cr
T
1
TRIAL BALANCE OF BABALWA'S BOUTIQUE
ON 31 AUGUST 2015
BALANCE SHEET SECTION
FOL
DEBIT
ACTIVITY
94
CREDIT
TOPIC 7: RECORDING CASH & CREDIT TRANSACTIONS IN CASH & CREDIT JOURNALS
DEBTORS LEDGER OF BABALWA'S BOUTIQUE
L. Lena
DATE
DETAILS/DOCUMENTS
FOL
D1
DEBIT
CREDIT
BALANCE
NOMINAL SECTION
A. Abongile
DATE
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36
DETAILS/DOCUMENTS
FOL
D2
DEBIT
CREDIT
BALANCE
TOPIC 7: RECORDING CASH & CREDIT TRANSACTIONS IN CASH & CREDIT JOURNALS
T
1
P. Pumza
DATE
DETAILS/DOCUMENTS
FOL
D3
DEBIT
CREDIT
Sithole CC
BALANCE
DATE
DETAILS/DOCUMENTS
FOL
C2
DEBIT
CREDIT
BALANCE
CREDITORS LEDGER OF BABALWA'S BOUTIQUE
Kruss Ltd
DATE
DETAILS/DOCUMENTS
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FOL
Bench Traders
C1
DEBIT
CREDIT
DATE
BALANCE
37
DETAILS/DOCUMENTS
FOL
C3
DEBIT
CREDIT
BALANCE
T
1
ACTIVITY
96
EFFECT
ASSETS
TOPIC 7: RECORDING CASH & CREDIT TRANSACTIONS IN CASH & CREDIT JOURNALS
ASSETS
OWNER'S EQUITY
LIABILITIES
No.
EFFECT
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REASON
OWNER'S EQUITY
LIABILITIES
No.
EFFECT
REASON
EFFECT
REASON
38
REASON
EFFECT
REASON
EFFECT
REASON
TOPIC 7: RECORDING CASH & CREDIT TRANSACTIONS IN CASH & CREDIT JOURNALS
T
1
ACTIVITY
ACTIVITY
98
TRIAL BALANCE OF ZOLA STORES
ON 28 FEBRUARY 2015
BALANCE SHEET SECTION
FOL
DEBIT
TRIAL BALANCE OF MZOLI TRADERS
ON 31 DECEMBER 2015
CREDIT
BALANCE SHEET SECTION
NOMINAL SECTION
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99
NOMINAL SECTION
39
FOL
DEBIT
CREDIT